Fastenal Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Fastenal Company (NASDAQ:FAST) is set to release its Q3 earnings on Oct. 11, with expectations of 52 cents per share and $1.91 billion in revenue. Recent analyst ratings show a mix of neutral to hold stances, with price targets ranging from $56 to $72.
October 10, 2024 | 2:44 pm
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Fastenal is expected to report Q3 earnings of 52 cents per share and $1.91 billion in revenue. Analysts have maintained neutral to hold ratings with price targets between $56 and $72, indicating a cautious outlook.
The earnings expectations are in line with the previous year, and the revenue shows a slight increase. However, the recent analyst ratings suggest a cautious approach with neutral to hold ratings and varied price targets, indicating uncertainty about short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100